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Several recent papers argue that contracts provide reference points that affect ex post behavior. We test this hypothesis in a canonical buyer-seller relationship with renegotiation. Our paper provides causal experimental evidence that an initial contract has a highly significant and...
Persistent link: https://www.econbiz.de/10010316921
both increased competition and the enactment of equal treatment laws reduce the gender wage gap. …
Persistent link: https://www.econbiz.de/10010294546
academia have been partially explained by "competitive pressures", which suggests a link between competition and cheating. In … no overall sex difference in cheating. However, the effect of competition on women's cheating behavior is entirely due to … of an individual to conduct a particular task and not sex that crucially affects the reaction to competition. Poor …
Persistent link: https://www.econbiz.de/10010294922
duplication of research. An increase in the intensity of competition among firms leads to an increase in the variety of developed …
Persistent link: https://www.econbiz.de/10011663162
competition are all found to be important determinants of long-run firm values, firm turnover, and market structure. Estimates for …
Persistent link: https://www.econbiz.de/10010397677
competition among firms leads to an increase in the variety of developed projects and a decrease in the amount of duplication of …
Persistent link: https://www.econbiz.de/10011282467
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee's assignment of cards,...
Persistent link: https://www.econbiz.de/10010316909
little, fierce competition between providers of similar services is expected. We consider a model where two e …
Persistent link: https://www.econbiz.de/10010280782
Building on a unique panel data set of German Prime Standard companies for the period 2005-2008, this paper investigates the influencing factors of both director compensation levels and structure, i.e. the probability of performance-based compensation. Drawing on agency theory arguments and...
Persistent link: https://www.econbiz.de/10010305725
We offer the first direct evidence of an implicit contract in a goods market. The evidence we offer comes from the market for Coca-Cola. We demonstrate that the Coca-Cola Company left a substantial amount of written evidence of its implicit contract with its consumers-a very explicit form of an...
Persistent link: https://www.econbiz.de/10010336020